Shares in Concurrent Technologies take off after defence tech firm posts revenue rise September 10, 2019 Shares in computer product manufacturer Concurrent Technologies jumped more than eight per cent this morning after it posted strong trading for the first half of the year. Read more: Court throws out privacy challenge to facial recognition technology in landmark ruling Concurrent, whose products are used in the defence, aerospace and telecoms sectors, reported a [...]
Margrethe Vestager stays on in beefed up EU competition role in blow for tech giants September 10, 2019 Margrethe Vestager has retained her role as EU competition commissioner in a blow for Silicon Valley tech giants. Vestager, known for her formidable crackdown on tech firms, has also been appointed executive vice president tasked with making Europe “fit for the digital age”. Read more: EU antitrust chief Margrethe Vestager signals decision on Google Adsense [...]
iPhone 11 launch date, price, and 5G: Everything you need to know September 10, 2019 The internet rumour mill has been in overdrive in recent months before the launch of Apple’s next generation iPhone 11. As Apple battles slipping sales for its flagship products, the Silicon Valley tech giant will be hoping its latest models will win over consumers. Ahead of the iPhone 11 launch tonight, here’s everything you need [...]
Huawei drops lawsuit against US over seized equipment September 10, 2019 Huawei has dropped a lawsuit against US authorities over telecoms equipment that was seized on suspicion of export control violations. The Chinese tech firm launched legal action against the commerce department and other government agencies after they seized equipment in 2017 following a lab test in California. Read more: US charges Chinese professor with fraud [...]
Softbank urges Wework to halt float amid investor doubts September 10, 2019 Wework’s largest shareholder Softbank is said to be urging the shared office space provider to shelve its initial public offering (IPO) due to a frosty reception from potential investors. The Japanese conglomerate has put pressure on Wework bosses to postpone the eagerly-anticipated listing following criticism of the firm’s governance, executive pay and complicated structure, the [...]
Just what the doctor ordered: The tech that is freeing NHS staff from pagers, landlines and WhatsApp September 10, 2019 When Lydia Yarlott started working as a junior doctor in 2015, she was handed a pager. With this retro piece of technology, she was expected to communicate with her colleagues in the hospital. For anyone unfamiliar with (or too young to know) how a pager works, the device beeps when someone wants to contact you, [...]
While MPs argue, fintech must take the lead on driving growth September 10, 2019 Political discord, uncertainty, rapid change to the country’s prospects every day – this is the present state of Britain. To top it all off, the latest survey from IHS Markit suggests that a new recession is possible, with economic growth slipping over the recent period. The UK is at a crucial point. How we respond [...]
Ignore Elon Musk’s doom-mongering – AI will strengthen our society, not break it September 10, 2019 In Elon Musk’s mind, the dystopian thriller Ex Machina is forecast, not fiction. Debating Alibaba’s Jack Ma at the World AI Conference at the end of August, Musk claimed that humanity was directly threatened by the development of artificial intelligence, and that human beings were simply a “biological boot loader for digital super-intelligence”. The billionaire [...]
Internal auditors name cybersecurity as the top risk faced by their businesses September 10, 2019 A survey of internal auditors published today has found cybersecurity, regulatory change and digitalisation are the top three risks faced by businesses across Europe. The survey of 528 chief internal auditors found 78 per cent named cybersecurity and data security as a top five threat threat facing their businesses, 59 per cent cited regulatory change [...]
US states launch antitrust probe into Google September 9, 2019 A group of US state attorneys general have opened a probe into Google, the top law enforcement officer for Texas, Ken Paxton said today. The antitrust investigation is led by Paxton and will look into big technology firms, with a focus on Google’s advertising arm. Read more: New York attorney general launches antitrust probe at [...]